Lords Group Trading (LON:LORD) Trading Down 1.1%

Lords Group Trading plc (LON:LORD) was down 1.1% during mid-day trading on Wednesday . The stock traded as low as GBX 46.68 ($0.60) and last traded at GBX 47 ($0.60). Approximately 41,720 shares traded hands during trading, a decline of 41% from the average daily volume of 70,900 shares. The stock had previously closed at GBX 47.50 ($0.61).

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reissued a “buy” rating and issued a GBX 90 ($1.15) price target on shares of Lords Group Trading in a research note on Wednesday, May 15th.

Lords Group Trading Trading Up 2.6 %

The stock’s 50 day moving average is GBX 48.18 and its 200-day moving average is GBX 49.79. The company has a market cap of £79.15 million, a P/E ratio of 4,780.00 and a beta of 1.15. The company has a current ratio of 1.29, a quick ratio of 0.77 and a debt-to-equity ratio of 194.50.

Lords Group Trading Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, June 28th. Stockholders of record on Thursday, May 23rd will be paid a GBX 1.33 ($0.02) dividend. This represents a dividend yield of 2.74%. The ex-dividend date of this dividend is Thursday, May 23rd. This is an increase from Lords Group Trading’s previous dividend of $0.67. Lords Group Trading’s dividend payout ratio is currently 20,000.00%.

Lords Group Trading Company Profile

Lords Group Trading plc distributes building materials, plumbing, heating, and DIY goods to local tradesmen, developers, small and medium construction companies, and retail customers. The company operates in two divisions, Merchanting; and Plumbing and Heating. It also distributes heating and plumbing products to a network of independent merchants, installers, and general public.